When deciding to study for your degree in Europe there is of course the financial cost to consider, and although the UK Government has essentially signed a commitment for the portability of educational loans and grants, this has not yet been implemented. Therefore you cannot at present apply for or secure the same privileges you would have with your UK student loan when opting to study in the EU. However, as a UK student studying within the EU you do have the same rights as any other EU students within the host country that you have decided on, including access to all EU funding/grants and scholarships that are available.
Tuition fees in Europe do differ from country to country with many offering either very inexpensive or free education to ALL student nationals within the EU. Other outlays to consider are application costs, additional course fees, general living and accommodation expenses. To compare all fees and outlays simply search our FREE Search Universities Database, where you will have the ability to search by specific criteria, also generate and save your favourite university profiles within your countries of interest.
So what options are available to you?
In many EU countries you may well be eligible for some student benefits, loans or grants on a similar basis as with local students, this could be in the way of travel allowances, help towards housing or rent payments and study cost grants, the institution you apply to will normally have details on which funds are available to you.
Grants & Scholarships/Studentships:
These are awards of financial assistance made available to both undergraduate and postgraduate students in order to further their education that do NOT have to paid back. These are available from Universities, Governments, Awarding Bodies, Private and Public organisations as well as other professional bodies.
Please be aware scholarships and grants are limited and competition is fierce, it is advised that once you have decided on the country and institution of choice, that you apply for this type of funding at least 12-18 months in advance of your preferred admission date. You will need to enquire at your chosen University there are also some helpful links below.
European Commission – Grants
The Student Grants Program:
The student grants program is a non-profit scholarship that donates €1000 to students to cover textbooks, study materials, travel expenses, rent etc. this is available to ALL students worldwide who are enrolled with a higher educational institution there is a small €2.5 application fee.
For full information click the following link Student-Grants.eu
When studying abroad on an Erasmus placement there are two additional forms of financial support available from the European Commission, this is in addition to any other standard student loans and grants that you may get from Student Finance England.
1. A non-income assessed monthly grant available to help with the additional costs of studying abroad, this does vary each year and is approximately €270 – €300 per month.
2. A one off payment of €400 if UK students study in: Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Greece, Hungary, Latvia, Lithuania, Malta, Poland, Romania, Slovakia, Slovenia and Turkey.
For more information please visit ErasmusPlus – Funding